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Outsourcing News : Article

Foreign textile manufacturers eye domestic market

Major European clothing manufacturers are choosing to locate their factories in Romania, mainly because of the cheap workforce and the possibility of their investment quickly paying off, companies in the industry say

"When Romania becomes a EU member, the domestic textile industry will strengthen, due to faster deliveries as well as the highly-qualified workforce it offers," states Dietmar Stiel, general manager of Avanz M.C, a German consultancy firm, which has been operating locally since 1992.

Although some of the domestic players, such as the representatives of Pasmatex Timisoara argue that companies will no longer work under the outsourcing system in Romania, a series of foreign manufacturers are interested in expanding their business locally, by collaborating with domestic producers.

Read entire article on Ziarul Financiar

Posted: Thursday, November 16, 2006

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